More startups are being spun out of Klarna than any other European fintech unicorn

More startups are being spun out of Klarna than any other European fintech unicorn


Key Points
  • Alumni from Klarna have gone on to create 62 new startups — more than any other fintech unicorn in Europe, according to a new report from venture capital firm Accel.
  • Out of 98 venture-backed fintech unicorns in the region, 82 have produced 635 new tech-enabled startups, according to Accel’s report.
  • Accel labels these companies “founder factories,” on the basis that they have become breeding grounds for talent that often go on to establish their own firms.



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